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Snap Inc (SNAP) PT Lowered to $16 at RBC Capital
May 2, 2018 8:43 AM EDTRBC Capital lowered its price target on Snap Inc (NYSE: SNAP) to $16.00 (from $21.00) while maintaining an Outperform rating.
Analyst Mark Mahaney commented, "Snap materially missed RBC & Street estimates for both Revenue and DAUs, citing user/usage volatility re: its app redesign and advertiser tentativeness re:... More
